TJ Abood (tj)

Doesn’t DeFi looked better and better when you hear of centralized structures mismanaging assets and liabilities? Sometimes smart contracts > smart people 🤷‍♂️

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“Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.” - Ludwig Von Mises (1912)

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I want DeFi to proliferate - which requires institutional participation. Almost all institutions of size are structurally incapable of utilizing DeFi innovation without a regulatory framework. Does SBF’s proposal work 🤷‍♂️. Unfortunately most of what I read criticizes his potential motive, not the propos

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Doesn’t DeFi looked better and better when you hear of centralized structures mismanaging assets and liabilities? Sometimes smart contracts > smart people 🤷‍♂️

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Proof you don’t know anything

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If the Fed *really* wanted to restore credibility, they would raise rates with a hyper-specific number. Powell would start the presser with: “You guys were thinking 75 bps, but we actually need 74.71 bps to hit our target 🤓.”

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“With technological progress and geopolitical uncertainty, how certain are you that MIT or Cleveland Clinic or even Cleveland itself will exist in 2114?” 😂🤣😂

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